CANADA STOCKS-TSX to open higher; U.S. data in line with estimates
(Adds U.S. inflation data)
Aug 19 (Reuters) - Stock futures pointed to a higher opening for Canada's main stock index on Tuesday, with U.S. inflation data being in line with expectations.
September futures on the S&P TSX index <0#SXF:> were up 0.13 percent at 0845 ET, little changed from before the data release.
U.S. consumer prices barely rose in July as declining energy costs partially offset the impact of increases in food prices and rents, which could give the Federal Reserve ammunition to keep interest rates low for a while.
Canada's main stock index hit a two-week high on Monday as concerns eased that the Ukraine crisis may expand into a broader conflict, sending up shares in most major sectors.
Dow Jones Industrial Average e-mini futures were up 0.32 percent at 0845 ET, while S&P 500 e-mini futures were up 0.25 percent and Nasdaq 100 e-mini futures were up 0.29 percent. (Morning News Call newsletter link.reuters.com/nex49s; The Day Ahead newsletter link.reuters.com/mex49s)
Canadian retailer Alimentation Couche-Tard Inc and China's Tencent Holdings Ltd are among suitors shortlisted to buy a $16 billion minority stake in China's Sinopec Sales, the world's largest fuel retail network, people familiar with the matter told Reuters. Continued...